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Alan Greenspan

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Top Alan Greenspan Articles see all

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  • Obama must not allow a default

    Obama must not allow a default
    In spite of opposition by 72 percent of the American public, Republican members of the House of Representatives have driven the government, and possibly the economy, over the shutdown cliff. More ominous is their threat not to agree to an increase in the national debt ceiling in two weeks, an unprecedented move that would put the United States — until now viewed by the world as the ultimate safe haven — into default. Such a default, even if resolved, would not only complicate the ability to finance the U.S. government and increase its borrowing costs but would also speed up a shift away from the dollar as the primary reserve currency and the United States as a place to invest. In short, it would represent an epochal shift in the status of the United States in the world.
  • Who should be the next Federal Reserve chair?

    Who should be the next Federal Reserve chair?
    Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall. Right now, the front-runners appear to be former...

    Bush deserves the criticism he's getting

    Bush deserves the criticism he's getting
    When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1). Now I know how people like Michele...

    How Romney fails Econ 101

    A central tenet of Mitt Romney's campaign is that President Barack Obama does not understand how markets work and, therefore, is incapable of leading our country out of its current economic malaise. Governor Romney says that he does. One must consider his...

    Rodricks: Thousands of undocumented workers pay state taxes

    Under the Maryland Dream Act, students who want to attend our community colleges or public universities at the in-state tuition rate must have attended a Maryland high school for at least three years. They must prove that their families filed state income...